It IS A Business

Landlording is a business and must be treated as a business.  If you can not make the decision to evict  and follow thru with the eviction when the rent is not paid; you will not be successful.   These are the reasons why:

1. Once you let the tenant get by with a late payment or no payment; they will do it again.
2. The longer you keep someone in a property  with no payment, the more damage they will do.
3. The more damage that is done; the more money you will have to put back in the property to prepare for the next tenant.
4. They will never get caught up.

I am speaking from experience.  Don't let the tenant determine the success or failure of your business.